# Merit Medical acquires Brightwater Medical for up to $50M

Merit Medical Systems acquired Brightwater Medical for $35 million upfront plus up to $15 million in earn-outs. Brightwater Medical's ConvertX product line will be transferred to Merit's Pearland, Texas facility.

- Type: Acquisition
- Announced: 2019-06-17
- Where: Temecula, California; Pearland, Texas, United States
- Value: $35.0M
- Status: announced
- Products: ConvertX nephroureteral stent system, ConvertX biliary stent system
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Merit Medical Systems](https://endata.com/companies/28214.md) (acquirer)
- [Brightwater Medical](https://endata.com/companies/40025.md) (target)

## Sources

- [evtoday.com](https://evtoday.com/news/merit-medical-acquires-brightwater-medical), 2019-06-17: "Merit Medical Systems, Inc. announced that it has acquired Brightwater Medical, Inc."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.